Value of Exports to Jamaica from Kansas
KSJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,293,173.00
Year-over-Year Change
111.91%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Jamaica from Kansas' measures the total value of goods and services exported from the state of Kansas to the country of Jamaica. This metric is important for economists and policymakers to track trade flows and assess the economic relationship between the two regions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series provides insight into the commercial activity and trade dynamics between the state of Kansas and the country of Jamaica. It represents the total dollar value of all products and services exported from Kansas businesses and producers to Jamaican customers and markets.
Methodology
The data is collected and compiled by the U.S. Census Bureau through surveying of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to monitor the strength of economic ties and identify opportunities for expansion of bilateral trade.
Key Facts
- Kansas exported $58.2 million in goods and services to Jamaica in 2021.
- Exports from Kansas to Jamaica have grown by 12% over the past 5 years.
- Top export categories include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of all goods and services exported from the state of Kansas to the country of Jamaica in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the trade relationship between Kansas and Jamaica, which is important for policymakers, businesses, and economists analyzing regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and analysis of customs records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this data to monitor the flow of goods and services, identify opportunities to expand bilateral commerce, and assess the economic relationship between Kansas and Jamaica.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a 1-2 month lag due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Jamaica from Kansas (KSJAMA052SCEN), retrieved from FRED.